Supply and Demand: USD/JPY Short
Zone= Minor daily tradeline broken. Forming a demand zone
Stacked with the weekly
4h star patterned appeared outside of the zone.
Cons: Pattern appeared outside of the zone.
Clear uptrend
Why still entered?
-Price is over extended.
-Confirmations aligned.
-Star pattern was clear.
Stacked with the weekly
4h star patterned appeared outside of the zone.
Cons: Pattern appeared outside of the zone.
Clear uptrend
Why still entered?
-Price is over extended.
-Confirmations aligned.
-Star pattern was clear.
Trade active
STOP LOSS MOVED TO BREAK EVENTrade closed: target reached
FINALLY! After 12 losing streak, Got the first win :D
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.